Current:Home > FinanceThe Daily Money: How the Capital One-Discover deal could impact consumers -Wealth Pursuit Network
The Daily Money: How the Capital One-Discover deal could impact consumers
View
Date:2025-04-16 15:10:47
Good morning! It's Daniel de Visé with your Daily Money.
Capital One's acquisition of Discover adds new urgency to the question, What's in your wallet?
Turns out, customers can look forward to a flurry of new perks if Capital One’s $35 billion purchase of Discover Financial Services goes through, Medora Lee reports.
The acquisition would give Capital One access to Discover’s high-credit-quality customers and its network of payment processing services, an area dominated by Visa and Mastercard. That means more competition, and that's good for customers. Read the story.
Meet the Beatlemania boomers. They face a retirement crisis
The youngest baby boomers, born in the era that spawned Beatlemania, face a looming retirement crisis, researchers have found.
"Late boomers," Americans born between 1960 and 1965, have less retirement wealth, and much less retirement savings, than either older boomers or “war babies,” generations born between 1942 and 1959, according to a recent paper from the Center for Retirement Research at Boston College.
To compare wealth, researchers examined different generational groups at the same age range. They found late boomers had significantly less combined retirement wealth than older boomers at the same age. Read the story.
📰 More stories you shouldn't miss 📰
- Viral tumblers spawn viral lawsuits
- $4.95 wine at Aldi: Do you get what you pay for?
- Education Department rolls out a FAFSA fix
- A review of Cash App Taxes
🍔 Today's Menu 🍔
KFC is introducing a new item. And, to invoke a favorite Saturday Night Live sketch, it's almost pizza.
"Chizza," pronounced "cheet-za," is coming to KFC menus starting Monday, Feb. 26, for a limited time. The not-quite-pizza features two white meat fried chicken filets topped with marinara sauce, melted mozzarella cheese and crispy pepperoni, Gabe Hauari reports.
According to KFC, the Chizza debuted on KFC menus in the Philippines -- Huh -- and has since made its way to KFC restaurants in Korea, Taiwan, India, Thailand, Germany, Spain and Mexico, among other countries. Read the story.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (3)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- '9-1-1' stars Angela Bassett, Jennifer Love Hewitt can't believe the 'crazy' 100th episode
- Tiger Woods' ankle has 'zero mobility,' Notah Begay says before the Masters
- Netflix docuseries on abuse allegations at New York boarding school prompts fresh investigation
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Recipient of world's first pig kidney transplant discharged from Boston hospital
- Police shoot Indiana man they say fired at officers
- A former Houston police officer is indicted again on murder counts in a fatal 2019 drug raid
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Experienced climber found dead in Mount St. Helens volcano crater 1,200 feet below summit
Ranking
- See you latte: Starbucks plans to cut 30% of its menu
- Mother of Justin Combs shares footage of raid at Diddy's home, denounces militarized force
- Oklahoma prepares to execute man for 2002 double slaying
- New York man charged with sending threats to state attorney general and judge in Trump civil suit
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Makeup You Can Sleep in That Actually Improves Your Skin? Yes, That’s a Thing and It’s 45% Off
- Fire tears through nightclub and apartment building in Istanbul, killing at least 29 people: I've lost four friends
- UConn men delayed in Connecticut ahead of Final Four because of plane issues
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
TikTok Duck Munchkin, Known for Drinking Iced Water in Viral Videos, Dies After Vet Visit
Pickup rollover crash kills 3, injures 5 in northern Arizona
Hot Topic shoppers' personal information accessed in 2023 data breach, company announces
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Hannah Waddingham recalls being 'waterboarded' during 'Game of Thrones' stunt
Nancy Silverton Says This $18 Kitchen Item Changed Her Life
Cicada-geddon insect invasion will be biggest bug emergence in centuries